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Lyft (LYFT) stock shows signs of recovery amid pricing concerns

Lyft Inc. (NASDAQ: LYFT) stock has rebounded over 11% in the past month and regaining itself from the record low of 37.07 on October 10. The shares have dropped over 39% since its initial public offering on March 25. In the past three months, the stock showed signs of recovery by rising 0.34%. The company…

Adobe’s stock gains from solid quarterly results

Adobe Inc.’s (NASDAQ: ADBE) stock was up 4.5% in afternoon trade on Friday after the company reported solid fourth-quarter 2019 results a day earlier. The company beat estimates with a 21% increase in revenue and a 25% growth in adjusted EPS. The growth in topline numbers was driven by double-digit increases in the Digital Media…

Micron (MU) Q1 earnings preview: The worst may be over but headwinds linger

After ending the last fiscal year on a dismal note, Micron Technology (NASDAQ: MU) is betting on the recent improvement in demand conditions in the microprocessor market, though there are concerns about the persistent slowdown. The Boise, Idaho-based chipmaker is set to unveil first-quarter earnings on December 18 at 4:00 pm ET. In a sign…

What to expect from Paychex (NASDAQ: PAYX) Q2 earnings

Paychex Inc. (NASDAQ: PAYX) is set to report its second-quarter 2020 earnings results on Wednesday, December 18, before the market opens. The top line will be benefited by management solutions, PEO and Insurance Services, as well as interest on funds held for clients. The company is likely to incur costs and expenses associated with the…

Bill.com’s (BILL) blockbuster debut breathes new life into IPO market

Picture Courtesy: Bill.comBill.com (BILL: NYSE), a provider of business-to-business payment services, put up an impressive show on Thursday when its stock surged soon after debuting on the New York Stock Exchange. Trading under the ticker BILL, the stock closed its first session at $35.50, up over 60% from the above-range IPO price of $22. The…